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JK GROUP AGREES ACQUISITION BY DOVER CORPORATION

October 23, 2015

The companies will work together to deliver continued product innovation and drive additional value for customers.

Novedrate, Italy, October 20, 2015 – JK Group SPA (“JK”) announced today that it will be acquired by Dover Engineering Systems (“DES”), a business segment of Dover Corporation. It will operate as a stand-alone operating company within DES Printing & Identification platform. JK is a leading manufacturer and distributor of innovative inks and consumables serving the digital textile printing market.
JK serves its global customers under the three independent brands of Kiian Digital, J-Teck 3, and Sawgrass Industrial. JK is a recognized leader in dye sublimation and pigment ink technologies for textile printing. JK is headquartered in Novedrate, Italy with operations in Italy, China and the US.
Alberto De Matthaeis, Managing Director of JK Group, said, “JK Group continues to maintain a wellearned reputation for customer service and technological advancement in the digital textile market, and we believe our acquisition by Dover will only strengthen our position and capabilities on a global scale. JK Group and Dover share a common goal to accelerate the growth in the textile digital printing market and bring world class digital printing ink solutions to our customers.”

About Dover:
Dover is a diversified global manufacturer with annual revenues in excess of $7 billion. We deliver innovative equipment and components, specialty systems and support services through four major
operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for 60 years, our team of 26,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under “DOV.” Additional information is available at www.dovercorporation.com.

About JK Group:
JK Group, with headquarters in Novedrate, Italy, is an innovative digital ink company serving the textile market. JK serves its global customers under the three independent brands of Kiian Digital, J-Teck, and Sawgrass Industrial. JK is a recognized leader in dye sublimation and pigment ink technologies for textile printing. Additional information is available on the company's website at www.j-k-group.com

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